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Re: Trades - check Oil!/Silverbear *PIC*
In Response To: Trades - check Oil! ()

Well I could see the short from that 92.60 high resistance area that price hasn't been able to clear since early Jan. Especially with the negative divergences on most oscillators. And 85 to the highs is where price has been captured and trading for over two months now. But overall price is still in an uptrend. And with the choppy sideways price action anyone trading this had better be wearing both bull and bear hats to trade both ways during the week as that's what choppy markets do. Especially ones with an upward bias and positive seasonals coming up. I have no idea where your stop would be in this range............. I'm waiting for Gasoline to drop back to solid support to get long. The ETF:UGA is the symbol for that with support at 41 to 40.

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Re: Trades - check Oil!/Silverbear *PIC*